BABY QUEST FOUNDATION INC
Granting financial assistance...fulfilling dreams...building families
BABY QUEST FOUNDATION INC
EIN: 45-2256722
as of September 2023
as of September 18, 2023
Mission
Baby Quest is a charitable organization whose goal is to
grant financial assistance to those who cannot afford the high cost of
procedures such as egg donation, IVF and gestational surrogacy. We accept applications from US residents - heterosexual, same sex couples, and singles.
We hope you will
join us in fulfilling the dreams of those who so desperately want to have a
child.
Ruling year
2011
founder
Pamela Hirsch
Main address
149 S. Barrington Avenue #112
Los Angeles, CA 90049 USA
EIN
45-2256722
Human services
Personal services
Population served
Adults
NTEE code
Fund Raising and/or Fund Distribution (P12)
Personal Social Services (P50)
Fund Raising and/or Fund Distribution (W12)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
What we aim to solve
Baby Quest awards grants to those who cannot afford the high costs of assisted reproduction. With limited overhead and low administrative costs, nearly all funds go to our recipients. As of January 2022, we have helped produce 126 babies and counting. Baby Quest has awarded over $2.3 million in cash and cash equivalents. We continue to strive to fulfill the dreams of those who want to start a family.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Baby Quest Grants
Twice yearly grants are awarded.. spring and fall
Where we work
External reviews
Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of grants received
This metric is no longer tracked.Totals By Year
Related Program
Baby Quest Grants
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Each year we have awarded more in cash and cash equivalents
Total dollar amount of grants awarded
This metric is no longer tracked.Totals By Year
Population(s) Served
Ethnic and racial groups
Related Program
Baby Quest Grants
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
In March 2023, we awarded $200,000 to 16 new grant recipients.
Goals & Strategy
Reports and documents
Download strategic planLearn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Our goal is to fund as many of those who cannot afford to proceed with assisted reproduction...ivf, embryo donation, gestational surrogacy.
What are the organization's key strategies for making this happen?
Social media, corporate sponsorships, individual donations
Our enhanced website and social media presence have enabled us to reach more. We have also made strives in destigmatizing infertility for both females and males.
What are the organization's capabilities for doing this?
What have they accomplished so far and what's next?
Covid had an extreme impact on the world of fertility with clinics closing and procedures put on hold. This also had a negative impact on our 2020 revenues. Now with the world opening up slowly, we are again seeing growth.
Baby Quest has continued to award grants, despite the impact of Covid. We are achieving new levels of philanthropy, as can be shown by the increase in grants and those awarded.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
-
How is your organization using feedback from the people you serve?
To make fundamental changes to our programs and/or operations
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We act on the feedback we receive
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Revenue vs. expenses: breakdown
Liquidity in 2021 info
0.00
Months of cash in 2021 info
34.4
Fringe rate in 2021 info
0%
Funding sources info
Assets & liabilities info
Financial data
BABY QUEST FOUNDATION INC
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of BABY QUEST FOUNDATION INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
| Profitability info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $85,926 | -$31,304 | $76,251 | $51,705 | $111,279 |
| As % of expenses | 67.8% | -11.1% | 28.7% | 25.7% | 77.8% |
| Unrestricted surplus (deficit) after depreciation | $85,926 | -$31,304 | $76,251 | $51,705 | $104,731 |
| As % of expenses | 67.8% | -11.1% | 28.7% | 25.7% | 70.0% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $213,326 | $250,740 | $340,093 | $252,786 | $254,367 |
| Total revenue, % change over prior year | -3.2% | 17.5% | 35.6% | -25.7% | 0.6% |
| Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Other revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $126,683 | $282,049 | $265,242 | $201,081 | $143,088 |
| Total expenses, % change over prior year | -14.7% | 122.6% | -6.0% | -24.2% | -28.8% |
| Personnel | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Professional fees | 0.0% | 14.2% | 0.0% | 0.0% | 0.4% |
| Occupancy | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 83.4% | 70.9% | 68.2% | 79.3% | 80.6% |
| All other expenses | 16.6% | 14.9% | 31.8% | 20.7% | 19.1% |
| Full cost components (estimated) info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $126,683 | $282,049 | $265,242 | $201,081 | $149,636 |
| One month of savings | $10,557 | $23,504 | $22,104 | $16,757 | $11,924 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 | $0 | $55,000 |
| Total full costs (estimated) | $137,240 | $305,553 | $287,346 | $217,838 | $216,560 |
Capital structure indicators
| Liquidity info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Months of cash | 24.4 | 9.6 | 13.7 | 21.1 | 34.4 |
| Months of cash and investments | 24.4 | 9.6 | 13.7 | 21.1 | 34.4 |
| Months of estimated liquid unrestricted net assets | 24.4 | 9.6 | 13.7 | 21.1 | 34.4 |
| Balance sheet composition info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Cash | $257,707 | $226,403 | $302,654 | $354,359 | $410,638 |
| Investments | $0 | $0 | $0 | $0 | $0 |
| Receivables | $0 | $0 | $0 | $0 | $0 |
| Gross land, buildings, equipment (LBE) | $0 | $0 | $0 | $0 | $55,000 |
| Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% | 0.0% | 0.0% | 11.9% |
| Liabilities (as a % of assets) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Unrestricted net assets | $0 | $0 | $0 | $0 | $0 |
| Temporarily restricted net assets | $0 | $0 | N/A | N/A | N/A |
| Permanently restricted net assets | $0 | $0 | N/A | N/A | N/A |
| Total restricted net assets | $0 | $0 | $0 | $0 | $0 |
| Total net assets | $257,707 | $226,403 | $302,654 | $354,359 | $459,090 |
Key data checks
| Key data checks info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
founder
Pamela Hirsch
Pamela Hirsch established Baby Quest in 2011. She was formerly one of the owners of a branch of the Princeton Review test preparation company.
She has been honored to ring the opening bell at Nasdaq and was named to Inc 500's list in 1994.
Baby Quest has been profiled on The Today Show and on The View. All segments can be seen on the charity's website: www.babyquestfoundation.org
Number of employees
Source: IRS Form 990
BABY QUEST FOUNDATION INC
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
BABY QUEST FOUNDATION INC
Board of directorsas of 06/21/2023
Board of directors data
Pamela Hirsch
Pamela Hirsch
Marc Kalan
Nicole Lawson
Amanda Lewis
Rose Kesten Pondel
Bruce Tenenbaum
Heather Tonkins
Samantha Sedaka
Lora Shahine
Karen Jeffries
Marc Sedaka
Julie Allgood
Natalie Crawford
Temeka Zore
Fred Licciardi
Lowell Ku
Leyla Bilali
Allison Kasirer
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable
GuideStar Pro Reports
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- Letter of Determination
- Form 1023 / 1024
- Officer and/or Employee data for 2021, 2020
- Contractor and/or Paid Preparer data for 2021, 2020
- Board of Directors data for 2023
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